Selling my House (Part 1)

[temeculaguy]

pat, it isn’t what you value higher, it is what the buyers value higher.

But that aside, I listed close to a dozen houses and sales, I’m sure a few have variables. The one directly behind you that you share your back fence with, is bigger, has a pool and is 40k cheaper. If it sold, what did it sell for? My guess is that is your best comp, price a tad below their closed sales price and you will have found your market. Price above and all you have is a decorative sign out front.

Some of the mapping data is incorrect, it always is. If your house was in my zip code I could tell you the price in ten seconds, but it’s not. The point is that a data search of closed sales within a mile of your home, even if a few are errors, does not support a listing price over $100 a square.

I do think it is a cool little town, some of the architecure is nice, I just think you are overpriced for your market. If it sells great, if in 90 days you are still sitting there or if in 30 days nobody comes and views your home, then reprice. What does your realtor think? It has been 50 days, have you had any offers? The whole spring selling season went by without a sale so something is wrong.

[Diego Mamani]

Patb,
As someone aleady asked, it would help to know how much your house, realistically speaking, would rent for in today’s market.

DM

[Diego Mamani]

Patb,
As someone aleady asked, it would help to know how much your house, realistically speaking, would rent for in today’s market.

DM

[Diego Mamani]

Patb,
As someone aleady asked, it would help to know how much your house, realistically speaking, would rent for in today’s market.

DM

[Diego Mamani]

Patb,
As someone aleady asked, it would help to know how much your house, realistically speaking, would rent for in today’s market.

DM

[Diego Mamani]

Patb,
As someone aleady asked, it would help to know how much your house, realistically speaking, would rent for in today’s market.

DM

[svelte]

Thanks for a glimpse into your home and neighborhood, patb. I’m a little bored of watching SD real estate, it is nice to spend some time thinking about another area for a change. You’ve got a great looking home there and you’ve done a fine job with the remodel.

As Jim the Realtor used to say (and probably still does), if in a month’s time you:

– are getting offers, you’re within 10% of the market price

– are getting people through but no offers, you’re within 20% of the market price

– are not getting any lookers, you are at least 20% overpriced

From personal experience and watching other properties, I think these are excellent yardsticks.

Fees/Freehold, OK/CA, garage/carport, good school/poor school, pool/no pool, the yardsticks above take all of that out of the equation and get directly to the point: how much cash are buyers willing to yank out of their wallet to buy your specific home?

[svelte]

Thanks for a glimpse into your home and neighborhood, patb. I’m a little bored of watching SD real estate, it is nice to spend some time thinking about another area for a change. You’ve got a great looking home there and you’ve done a fine job with the remodel.

As Jim the Realtor used to say (and probably still does), if in a month’s time you:

– are getting offers, you’re within 10% of the market price

– are getting people through but no offers, you’re within 20% of the market price

– are not getting any lookers, you are at least 20% overpriced

From personal experience and watching other properties, I think these are excellent yardsticks.

Fees/Freehold, OK/CA, garage/carport, good school/poor school, pool/no pool, the yardsticks above take all of that out of the equation and get directly to the point: how much cash are buyers willing to yank out of their wallet to buy your specific home?

[svelte]

Thanks for a glimpse into your home and neighborhood, patb. I’m a little bored of watching SD real estate, it is nice to spend some time thinking about another area for a change. You’ve got a great looking home there and you’ve done a fine job with the remodel.

As Jim the Realtor used to say (and probably still does), if in a month’s time you:

– are getting offers, you’re within 10% of the market price

– are getting people through but no offers, you’re within 20% of the market price

– are not getting any lookers, you are at least 20% overpriced

From personal experience and watching other properties, I think these are excellent yardsticks.

Fees/Freehold, OK/CA, garage/carport, good school/poor school, pool/no pool, the yardsticks above take all of that out of the equation and get directly to the point: how much cash are buyers willing to yank out of their wallet to buy your specific home?

[svelte]

Thanks for a glimpse into your home and neighborhood, patb. I’m a little bored of watching SD real estate, it is nice to spend some time thinking about another area for a change. You’ve got a great looking home there and you’ve done a fine job with the remodel.

As Jim the Realtor used to say (and probably still does), if in a month’s time you:

– are getting offers, you’re within 10% of the market price

– are getting people through but no offers, you’re within 20% of the market price

– are not getting any lookers, you are at least 20% overpriced

From personal experience and watching other properties, I think these are excellent yardsticks.

Fees/Freehold, OK/CA, garage/carport, good school/poor school, pool/no pool, the yardsticks above take all of that out of the equation and get directly to the point: how much cash are buyers willing to yank out of their wallet to buy your specific home?

[svelte]

Thanks for a glimpse into your home and neighborhood, patb. I’m a little bored of watching SD real estate, it is nice to spend some time thinking about another area for a change. You’ve got a great looking home there and you’ve done a fine job with the remodel.

As Jim the Realtor used to say (and probably still does), if in a month’s time you:

– are getting offers, you’re within 10% of the market price

– are getting people through but no offers, you’re within 20% of the market price

– are not getting any lookers, you are at least 20% overpriced

From personal experience and watching other properties, I think these are excellent yardsticks.

Fees/Freehold, OK/CA, garage/carport, good school/poor school, pool/no pool, the yardsticks above take all of that out of the equation and get directly to the point: how much cash are buyers willing to yank out of their wallet to buy your specific home?

[patb]

how much would it rent for?

the house next door rented at 1600/month
maybe a tad more.

[patb]

how much would it rent for?

the house next door rented at 1600/month
maybe a tad more.

[patb]

how much would it rent for?

the house next door rented at 1600/month
maybe a tad more.

[patb]

how much would it rent for?

the house next door rented at 1600/month
maybe a tad more.

[Author]

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